BRITISH ALBANIAN MUSLIM COMMUNITY Charity Number: 1159724 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Prepared by IG ACCOUNTING & FINANCE LTD 769 High Road Leytonstone, London, England, E114QS BRITISH ALBANIAN MUSLIM COMMUNITY INDEX TO THE ACCOUNTS THE YEAR ENDED 31 MARCH 2024 Contents Page Principal Officers and Professional Advisers Trustees Annual Report Independent Examiner's Report Income and Expenditure Account Balance Sheet Notes to the Accounts Page 2 BRITISH ALBANIAN MUSLIM COMMUNITY Trustees . Menderes Kurshumliu Chairn]an Sadik Ymeri Secretary Behram Ademi Treasurer Dzevdzet Sulimani Trustee Charity Number: 1159724 Registered Office: 41 A Mill IAne, London NW6 INB Independent Examiner: MS VALBONE KRASNIQI IG ACCOUNTING & FINANCE LTD 769 High Road Leytonstone. London, England, E11 4QS Bankers: Barclays Bank Leicester LE87 2BB Page 3 The tNstees present their annual report and the financial statements for the year ended 31 March 2024 The financial statements have been prepared on the accounting policies set out on page 9. comply with the constitution. applicable law and applicable accounting standards. Objeetsy principal activities of the Charity British Albanian Muslim Community is constituted as an unincorporated charity and it is registered with the Charity Commission on 29 December 2014. The objects of the charity are: (l ) to advance the islamic religion and to advance educaiion in Jslam, in particular but not exclusively through, the holding of prayer meetings, lectures, public celebration of religious festivals to enlighten others aboul the islamic religion. (2) the promotion of religious hannony for the benefit of the public by". (a) educating the public in different religious beliefs including an awareness of their distinctive features and their common ground to promote good relations between persons of different faiths. (b) promoting knowledge and mutual underslanding and respect of the beliefs and practices of different religious faiths. Operational and financial review The charity made a net surplus of £23,248.00 Income receivable during the year amounted to £50096.17 Trustees Trustees, who served during the year, are set out on page 3. The trustees are elected at the Annual General Meeting, and serve until the end of the next Annual General Meeting, where they can stand for re-election. Statement of Trustees, Responsibilitie5 The Charities Act requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity at the end of the year and of the incoming and In preparing those financial statements, the trustees are required to select suitable accounting policies and then apply them consistently, making judgements and estimates that are reasonable and prudent. The Trustees must also prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue its activities. The trustees are responsible for keeping proper accounting records. which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with applicable law, regulations with the Charities Act 1993. They ar¢ also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the Page 4 This report has been prepared in accordance with the Statement of Recommended Practice - AccountÈng and Reporting by Charities. Approved by the trustees and signed on their behalf by Mr Behram Ademi Treasurer Date: 2210112025 BRITISH ALBANIAN MUSLIM COMMUNITY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BIUTISH ALBANIAN MUSLIM COMMUNITY I report on the accounts of British Albanian Muslim Con]munity for the year ended 31 March 2024, which are set out on pages 7 to 9. Respective Responsibilities of Trustees and Examiners As the Charity's Management Committee you are responsible for the preparation of the accounts; you consider that an audit is not required for the year (under section 43(2) of the Act) and that an independent examination is required. It is tny responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43(7)(b) of the Act. whether particular matters have come to my attention. Basis of Independent Examiner's Report M}, examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view Independent Examiner's Statement In connection with my examination, no matter has come to my attention: (i) Ivhich gives me reasonable cause to believe that in any material Tespect the requirements To keep accounting records in accordance with section 41 of the Act. and To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act Have not been met" or To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. (2) MS VALBONE KRASNIQI IG ACCOUNTfNG & FINANCE LTD 769 High Road Leytonstone, London, England El14QS Page 6 BRITISH ALBANIAN MUSLIM COMMUNITY INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR EINDED 31 MARCH 2024 31.03. 2024 31. 03. 2023 Inc()rne Donations & Memershi Donation - Zakat & Filra (irants Total Income liO.(19().17 £29,650.00 £20,345.85 £35,400.00 £20,606.88 £50.09().17 £56,006.88 enditiire Salaries,National Insurance HMRC and Nest Pension Rent and Rates Printin Posta e and Statione Canleen and Cleanin enses Travel Ex Donation Bank Char reciation: Total Ex enditure Sur lus £31,596.90 £21,005.48 £22,244.81 £2,646.00 £1,846.52 £110.84 £6,459.59 £1,731.60 £1,043.68 £526.55 £830.00 enses es £26,848.17 £23248.00 £31,£96.90 £24,409.98 Page 7 BRITISH ALBANIAN MUSLIM COMMUNITY BALANCE SHEET AS AT 31 MARCH 2024 Noles 3/31/2024 3/31/2023 Fixed Assets Leasehold Premises Equipment, Fixtures and Fittings Current Assets Cash at Bank and in Hand 90,831.73 67,583.73 90.831.73 67,583.73 Creditors: Amounts Falling Due Within One Year Amounts Falling Due Morethan One Year Net Assets £90.831.73 67,583.73 Financed By Unrestricted Funds Total Funds £90,831.73 £90,831.73 67,583.73 67.583.73 The financial statements on pages 7 to 9 were Approved by the trustees and signed on their behalf by: Mr Behram Ademi Treasuer Date: 2210112025 Page 8 BRITISH ALBANIAN MUSLIM COMMUNITY NOTES TO THE ACCOUNTS THE YEAR ENDED 31 MARCH 2024 l. Accounting Policies These Accounts have been prepared in accordance with applicable accounting standards and the Accounting Convention The Accounts have been prepared under the historical cost convention. Depreciation Depreciation is calculated to write off the cost of tangible fixed assets over their estimated useful The rates of depreciation used are the following: _ Equipment 20 % Fixtures, Fittings and Office Furniture 20 % Trustees, remuneration and expenses Trustees have not received any expenses to their duties in relation to their duties Unrestricted Funds 31.03.2024 31.03.2023 Opening Balance Suryil lis Closing Balance £67,583.73 £93.248.00 £43,173.75 £24.409.90 £67,583.73 £90,831.73 Page 9